Posted On: 02/26/2012 8:43:38 PM
Post# of 853

Mentor of Central Bankers Fischer Rues Complacency in New Growth
Stanley Fischer in December 2008 connected the bankruptcy of Lehman Brothers Holdings Inc. and Bernard Madoff’s ruinous $20 billion fraud to a false sense of security that brought the world to the brink of depression. Three years later, he rues the same creeping complacency.

